Wait. Are you telling me that people would be willing to pay a small premium for living in a place that isn't a shit hole, surrounded by content people who aren't feeling murderously angry about crappy circumstances beyond their control?
Huh.
this post was submitted on 05 Dec 2025
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How ever shall the millionaires afford that?
Cuomo said he'd move to Florida, hopefully the supposed Mamdani effect at least works on him.
For most people, but especially for the rich, a liveable environment is far more important than a bit more money. Nobody who has saving money as their first priority is going to be living in New York anyway. But a liveable city that's safe, fun to be in, and that you can move around in without fearing for your life, those are far more important to most people.
So I'm not surprised that Mamdani's victory is drawing more people to NY.
This is obvious when you think about it even a little bit. You can't buy safe streets.
What's the point of being ultra-rich when you have to step outside into Phnom Penh and watch how toddlers collect scrap?
Literally if I was loaded I'd love to live in NYC despite it being expensive. Because (and I can't stress this enough) YOLO. Spend your life enjoying it, not saving up every single penny. And in this case, the taxes can contribute to enjoyment through increased safety and other livability factors.
They’ve been saying that wealthy people would leave nyc for at least 20 years. Fear mongering.
A lot of people did leave, following covid.
I remember a bunch of coworkers leaving during COVID and I was like "ok but what're you going to do after? It's fucking boring where you're moving to."
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After decades of posing socialism as the root of all evil it is remarkable how it's really not.
About time. We've seen so much evil that's unconnected to socialism.
Don't celebrate too early. The last thing they want is an experiment in Socialist Democracy, and if it is forced on them, like this, they will do ANYTHING to make it fail.
Mamdani's got a rough road ahead, so we'll have to help him resist all the ferocious propaganda and interference he's going to face. We have to have his back, and make this experiment successful, so it can spread across America.
It's like Chomsky talks about when he talks about the "threat of a good example". I would not be surprised to see lots of little Eichmanns all trying their best to hamstring this, even if they are not as prominent (and as stupid) as Taco.
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I mean, it sounds like the number of millionaires leaving did go up. It's just that there are plenty of other ones willing to replace them.
These may have also been homes already up for sale.
Nobody wants to live in Florida so this was a retarded prediction in the first place
Ableist slurs are not allowed.
https://www.specialolympics.org/stories/impact/why-the-r-word-is-the-r-slur
Thanks for replying. I'm borrowing your nice citation.
Been seeing too much of this on fedi the last few months. And 'autistic (object)' as an insult. Like fedi isn't built by neurospice and queerdom.
Folks can leave slurs and bullying on meta/truth.soc federations.
20 years ago I almost moved to Florida. I liked it.
And now? I'm so glad I didn't do it. I don't know if I'm less blind, or if it's gotten worse. But now I don't even want to visit, much less live there.
Then again, I don't want to live in Ohio either. Yet here we are.
I grew up in Florida. Have left a few times, but moved back in 2019 then left again in 2022 right before shit really hit the fan. 20 years ago Florida was a lot nicer than it is now. 10 years ago, too. Maga has turned the quiet, chill little beach town I grew up in into a maga hell, and now you couldn't pay me to go back. The worst thing about Florida used to be the weather. Used to be.
But also growing up each and every single "new kid" at school was from New York, and there were lots of jokes about us living in 'South New York' so I can see where the prediction came from, there's plenty of precedent. But that was when land was cheap and politics were similar.
I have a couple friends who moved to Florida, mostly for a job. It didn't last long, they're back in the land of the free again.
Then again, I don’t want to live in Ohio either. Yet here we are.
Well, at least its cheaper cost of living than FL.
No one is leaving NY because Florida does not have decent pizza or italian sandwiches.
Is there even a museum in Florida without fake animals?
They don't want to be big fish in small ponds, they want to be big fish in big ponds, hence why Indianopolis or Cincinnati or whatever other big but not NYC big towns didn't see billionaires rushing in.
It would've been hilarious if they rushed to Cincinnati
NYC billionaires traditionally love chili on spaghetti.
Don't knock it until you try it. It's one of the few meat foods I kinda miss.
Elon Musk and Tesla had already proven that wealthy glorified welfare recipients cause no harm when they leave a state.
😂
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And if it WAS a real thing, it would mean fewer people in NYC, which would make it more affordable, would've been positive either way.
He's been in office for two weeks and hasn't fixed all the problems yet!!! What a sham! I'm totally voting Republican now!!!
..... People are fucking idiots
He's not even in office until January , so anyone sincerely saying that has an extra layer of idiocy.
...as much as they campaign against it, wealthy people understand that when the chips fall, the "fairest of them all" always wins...they will steal and cheat as much for as long as they can, but most understand the guillotine...this is not new...this has been happening for about, quick and check my post history, 4000-3000 years...we decided pyramids were more effective and pretty...
Probably most of those stating they’d run away already had Florida or other avoid-NY-taxes out of state license plates on their cars before the election.
escape to Florida
Lol
Are you telling me that people don’t want to move to the FREE STATE OF FLORIDA?
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They know that whatever their money religion's ministers say, at street level, NYC will be a great place to live, if Mamdani gets his way.
Rich people fleeing because of a "socialist^TM^" politician in power is a complete nonsense since FDR. Even Warren Buffet called it out. Sure, some leave, but it is usually just a handful who do.
I also think that many rich people decided to stay and buy property in New York is because they actually know that Mamdani is a more stable economic hand than GOP states such as Florida. Plenty of tycoons low key wish for America to "Make America, America Again" because they are anxious of Trump's chaotic economic policies; so much so that JP Morgan CEO threw his support on Mamdani.
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That's too bad
It's good for the well-off to be pro-socialism.
What a surprise
This is interesting because it contradicts past examples such as London. It's slightly less interesting, though, because the Rich leaving actually doesn't have a lot of practical consequences: they're leeches on the local economy and outsource labor often.
London is an outlier quoted as the rule. London attracted rich people from all over the world with tax cuts and benefits. The leeches leeched and predictably contributed nothing. Since this is unsustainable, they raised taxes again. Wealth flight occured because the people that left had only moved there for the tax savings. London was not their home, they never tried to make it their home.
Not even sworn in yet and Mamdani is already failing to deliver on his promises of lower Manhattan rental prices.
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